LendLedger

LendLedger

TBA
13,821 Views
LendLedger is the first blockchain-based open protocol connecting data providers, lenders and borrowers to help small businesses globally unlock the eight trillion dollars in loans they are unable to access today.

LendLedger’s founders and advisors have created or led pioneering ventures in emerging markets, including SKS (First microfinance institution to IPO in India), FINO Paytech (70 million clients), and M-PESA in Kenya (largest mobile money provider globally). V.01 of the LendLedger protocol is already in use, powering $30 million in loan disbursements annually for Happy Loans, a licensed lender in India. Lenders leveraging the LendLedger protocol also do not need to hold crypto-assets, thereby significantly reducing barriers to adoption. Our LOANtokens, are used to unlock lending credits on the network and give access for data providers, borrowers and others.
7.9
TOTAL SCORE
8.5
ICO PROFILE

(weight: 45%)

6
SOCIAL ACTIVITY

(weight: {$data.rating_weights.followes}%)

10
TEAM PROOF

(weight: 20%)

Get widget
General
Website: Visit
White paper: Read
Bounty: Bounty
Dates: TBA
Whitelist/KYC: KYC
Country: Singapore
Token info
Ticker: LOAN
Platform: Stellar
Token Type: Stellar
Available for sale: 450,000,000 LOAN (45%)
Financial
ICO Price: 1 LLC = 0.05 USD
Accepting: ETH, BTC, XLM, Fiat
Hard cap: $5,000,000
Milestone 1 (Q4 2018): Demonstration (India-Based Pilot)
By the close of 2018 LendLedger will have released its initial protocol focused on core blockchain functionality.. The co-founders of LendLedger currently own and operate a data-driven Indian lending business which is onboarding loans at a run rate of $30 million annually. This will become our pilot group and we will move all of these loans onto the LendLedger blockchain. In addition, LendLedger will become the first test Credit Node. Credit nodes are essential to the running of the platform: they stake LOANtoken in exchange for Ledger Credit - the stable, non-fungible asset, used to make loans on the platform. For more details please see the LendLedger Technical Paper.
Milestone 2 (Q1 2019): India Onboarded
In the first 6 months of 2019 LendLedger will have expanded the pilot platform, built off our existing Indian lending business Happy Loans, and will be operating in the wider Indian market via the second iteration of the LendLedger protocol. Amongst other things this will involve off-chain data exchanges and Credit Nodes in testing with 3rd parties. As the basic software for Lenders and Data Providers will be live there will be a deep focus placed on bringing more actors onto the platform. The project will draw on the extensive relationships our founding team have with Indian institutions such as ICICI Bank, RBL Bank, Yes Bank, HDFC Bank and establishing partnerships like that with the Smart Campaign to assure those on our platform are observing best practice. We aim to have reached a annual run rate of over $50 million at this stage.
Milestone 3 (Q2 2019): India + 1 Other Market
After successfully establishing LendLedger in India the team will focus on scaling through expanding into other emerging markets. LendLedger has advisors and Community Experts with valuable experience in our target markets such as Nick Hughes, founder of M-KOPA and Nicole Van Der Tuin Co-Founder and CEO of First Access. <br />
Screenshots taken on 18 Sep 2018
Gautam Ivatury
Co-Founder and CEO
Participates in a number of projects
Manish Khera
Co-Founder
Participates in a number of projects
Greg DeForest
Head of Product
Participates in a number of projects
Odysseas Sclavounis
Blockchain Network Governance
Participates in a number of projects
Sanachit Mehra
Blockchain Architect
Participates in a number of projects
Daniella Loftus
Communications Manager
Participates in a number of projects

Advisors (3)

Nick Hughes, OBE
Advisor
Participates in a number of projects
Alberto Jimenez
Advisor
Participates in a number of projects
Alex Mashinsky
Advisor
Participates in a number of projects
HEIGHT - 0px
WIDTH - 0px
PUT THIS CODE TO YOUR WEBSITE
ICO List
Other Interesting ICOs
Upcoming
LOHN
Lohn is a widely spread contractual form in various industrial fields of international cooperation relations, especially in the industry of clothing, footwear, leather, furniture, software and hardware, pharmaceutical, metal working, metallurgical, machine tools, automotive, automation, machine building industry, electronics and appliance industry, food and beverage industry, petrochemical industry. The lohn (processing economy) has been and will be a solution to produce goods at reasonable and high-quality prices through the efficient use of labor and cheap raw materials in emerging economies. It is also a business model that creates economic and social progress across the world bringing together markets with productive resources and capabilities. The trading platform developed by the lohncontrol project will create global opportunities for small and medium-sized businesses that are responsible for generating 60% of GDP. It will give them a visibility that they do not have at this time and will encourage the development of direct business between them. This means low manufacturing costs and greater adaptation to market demands. Those who will win at the end of this interaction will be consumers who will get good products at realistic prices.
Upcoming
Shercoin
The SherCoin team has realized that the best way to create a good cryptocurrency that will achieve mass adoption is by creating a multi-functional token that has more than one utility. Most of the altcoins are Ethereum-based coins that only offer one application. SherCoin features five different related applications in one. The ecosystem has a theme: User provide valuable economic services for businesses such: as checking market place for counterfeits, reporting fake or suspicious products; filling out surveys and giving information, feedback, and data, so business can make informed decisions; giving the users an easy way to manage the cryptos the earned; and then giving them outlets to spend/exchange their tokens.
Upcoming
AITrading
AITrading is a revolutionary trading ecosystem, which simplifies experience both for experienced traders as well as for newcomers. It gives tens millions traders the ability to live normal life while AI works for them. AITrading combines AI and Blockchain technologies with trading community capabilities on a single platform.
Upcoming
DINO
In blockchain world, there is a huge knowledge gulf between non-computer professionals from different industries and smart contract development. The DINO Platform aims to address this problem with its proprietary technology, a cloud-based Graphical User Interface (GUI) smart contract Integrated Development Environment (IDE). Leveraging the technology of the DINO Platform, users can build their smart contracts with visualised logic flows. More than just a smart contract IDE, the DINO Platform is intended to build a smart contract ecosystem together with developers all over the world. In the smart contract market, developers may build and design smart contract templates and sell them to the general public.
Upcoming
ORCA Alliance
Control your money, savings and crypto assets from one application. Benefit from simple and intuitive user interface to manage your cash flows. ORCA Platform merges a variety of financial service providers. Access payment cards, lending services, make instant transactions to crypto wallets, exchanges and bank accounts.
Upcoming
Tachyon Protocol
Tachyon Protocol is a decentralized internet protocol built on the V SYSTEMS blockchain that aims to create a trusted, stable, fast and reliable decentralized information network. By implementing techniques from DHT, blockchain, UDP and encryption, Tachyon Protocol is committed to building the next generation TCP/IP that can provide a self-sufficient internet environment with high security, untraceability and maximum network speed. As the first application running on V SYSTEMS, Tachyon is powered by X-VPN, which has proven technologies and 50 million existing global users to bring blockchain technology into the mainstream. IPX token is the native cryptocurrency of the Tachyon network that resides on the V SYSTEMS blockchain. The token provides easy and affordable means of sharing spare bandwidth among users, promotes positive development of the network, solves major problems with the organization of the decentralized network and serves as proxy valuation of the overall system.